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Bitcoin will test now 20 ema on the DAILY TIMEFRAME
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JUST IN: 🇺🇸 Florida Chief Financial Officer Jimmy Patronis proposes the creation of a state Bitcoin stockpile for retirees. "Bitcoin is often called 'digital gold,' and it could help diversify the state's portfolio and provide a secure hedge against the volatility of other major asset classes." $BTC
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💥 Ethereum's Yield Challenge ETH staking rewards drop to 3% while competitors offer 7-21%. Validator queue shrinks to less than one day from 45 days in June 2023. Network fees fall below Solana's weekly revenue. 💡 Quick Take: Compare yields across major PoS networks. Monitor validator queue length for staking demand. Watch exchange reserves, currently down to $38.9B. Consider impact of reduced yields on validator participation. 💥 SUI's Recovery Signs SUI jumps 20% as TVL approaches $1 billion. BBTrend improves to -4.8 from -15 suggesting weakening bearish pressure. EMA lines signal potential "golden cross" formation. 💡 Quick Take: Monitor $2.16 resistance level for potential 19.7% gain to $2.36. Watch TVL for continued recovery above the $1B mark. Keep eye on EMA golden cross formation. Consider support levels at $1.74 and $1.60. $SUI $ETH
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Another Question for U to Answer And earn 🤑🔥🔥🔥 🔹️What is the purpose of a cryptocurrency wallet ⁉️ Comment Below 👇✅ #CryptoAMA
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Answer this question👇 and EARN rewards🔥🤑 🔹️ What methods of earning crypto are you most interested in exploring: trading , staking, yield farming , or maybe mining ⁉️ and Why ⁉️ Comment Below 👇✅ #CryptoAMA
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🚨 What Happened on XLM⭐️ ‼ READ BELOW ‼ Stellar coin recently made a notable move toward the upper resistance zone (orange-colored zone) following a fakeout below the 100 and 200 EMAs. On October 25th, when price first dropped below the EMAs, it faced a strong rejection at the resistance level, causing a quick dip to grab liquidity. This was followed by a recovery candle, signaling that buyers were defending this zone, making it harder for sellers to push the price lower. While trading under the 100 and 200 EMAs, we observed a breakout above them, creating an ideal setup to fill the Fair Value Gap (FVG) left by a larger red candle on October 25th. Once the 4-hour candle closed successfully above the 200 EMA, buyers took control, securing the zone and indicating a likely move toward the resistance level. The price subsequently reached the resistance zone, also filling the Fair Value Gap. At this point, resistance came into play, and sellers began pushing back toward the EMAs for a re-test. This re-test of broken zones is common and logical, often called a “confirmation re-test." $XLM
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